Overview
The labor market reflects economic health. A tight market with rising wages pressures inflation, while higher unemployment suggests easing inflation and potential rate cuts.

Interpretation

• Tight market = high inflation risk, bullish for rates.

• Weak market = dovish environment, bullish for liquidity assets.

Available Metrics

• Unemployment Count

• Nonfarm Payrolls

• Job Market Momentum

• Labor Force Participation

• Employment Ratio

• Continued Claims

• Initial Claims

• Claims Stress Index

• Job Market Tightness Ratio

• Hourly Earnings

• Hires: Total Nonfarm

• Quits: Total Nonfarm

• Job Openings: Total Nonfarm

• Unemployment Rate

• KC Fed Labor Market Conditions Index

• Employment Risk Composite

• Labor Market Stress Index